Take a look at the next-gen capabilities of Crytek's CRYENGINE.
Check out this trailer for Crytek's Warface, running on the gorgeous CryENGINE 3.
Crytek have announced the launch of a free CryENGINE SDK in August 2011. (Thanks for posting, Krallis)
Kingdom Come: Deliverance - Kickstarter
Kingdom Come: Deliverance is a beautiful game, powered by Cryengine, currently seeking funding on Kickstarter.